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MARKET OUTLOOKPNBSTOCK OUTLOOK

PNB Outlook for the Week (May 20, 2024 – May 24, 2024)

PNB
PNB
PNB closed the previous week on a negative note losing 6.85%.

Technically, PNB share price will see immediate support at 120.15 and immediate resistance would be seen at 128.90.

If PNB share price closes below immediate support of 120.15, then sharp breakdown can be seen. PNB share price will see major support at 115.20 for the week.

On the positive side, immediate resistance will be seen at 128.90. Closing above 128.90, PNB share price will see a sharp breakout. Major resistance for PNB share price will be seen at 132.70 for the week.

Trading range for PNB share price for this week should be between 111.40 on down side and 137.65 on up side.

PNB Previous Week High: 127.75

PNB Previous Week Low: 119

PNB Previous Week Range: 8.75 Points

PNB share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type Value
Resistance 3 137.65
Resistance 2 132.70
Resistance 1 128.90
Support 1 120.15
Support 2 115.20
Support 3 111.40
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{"buy_point":[{"en_ltd":"2024-04-22","en_sup_p_91":"131.61","en_sup_t_91":"127.42","prev_close":"128.25","en_close":"133.10","new_date":"Apr 22","prev_close_no":128}],"sell_point":[{"en_ltd":"2024-04-16","en_sup_p_91":"132.34","en_sup_t_91":"134.72","prev_close":"132.85","en_close":"128.55","new_date":"Apr 16","prev_close_no":132}]}

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